Key Takeaways
- Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman announced measures to promote business activity and attract investment.
- Initiatives like the Asaan Karobar Card and Asaan Karobar Finance provide interest-free financial assistance to entrepreneurs.
- Business facilitation centres have been established to simplify access to government services for investors and the business community.
Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has highlighted the government’s efforts to boost business and investment in the province.
Speaking at the Third Business Excellence Awards and Conference 2026, Shuja-ur-Rehman emphasized the importance of facilitating the business community and making the private sector a key partner in economic development.
According to the Finance Minister, the government is implementing several initiatives to support small and medium-sized entrepreneurs, including the Asaan Karobar Card and Asaan Karobar Finance, which offer interest-free financial assistance.
These measures aim to promote business activity, create employment opportunities, and broaden the scope of economic activity across Punjab.
The government has also established business facilitation centres to provide easier access to various government services, such as obtaining NOCs, licences, and permits.
Shuja-ur-Rehman stated that industrial development, investment, and growth in exports are fundamental pillars of Punjab’s economic progress.
He noted that the private sector plays a crucial role in investment, production, employment generation, and export promotion, and that effective engagement and cooperation between the government and the business community are essential.
The Finance Minister highlighted the importance of creating new opportunities for youth and entrepreneurs, as well as promoting industry and trade.
Programmes such as the Business Excellence Awards recognize outstanding performance in the business sector and encourage hard work, innovation, and successful entrepreneurial leadership.
Shuja-ur-Rehman presented Business Excellence Awards to business leaders who had demonstrated exceptional performance in various sectors, emphasizing the role of the business community in Pakistan’s economic development.
